JustRide was launched in April this year by IIT Bombay and NIT Allahabad alumni –Ashwarya Pratap Singh, Hemant Sah, Vasant Verma, Abhishek Mahajan and Amit Sahu. JustRide takes the vehicles from individual vendors for lease by providing them a minimum guarantee value. The customers can book their desired vehicles by visiting the company’s website or through their mobile app.

The company is also developing a new in-house technology called Smart Vehicle Technology (SVT). Taping into the electronic systems of the vehicles, the technology enables the company to track the location of the vehicles and keep a strict vigil on the performance of the vehicles.

As of now, the company offers its services in Mumbai, Pune, Bengaluru and Gurgaon and claims to have over 700 customers, while it also holds a record of completing more than 1200 transactions since its inception.